UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8K
CURRENT REPORT
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Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 16, 2010
TRANS-LUX CORPORATION
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(Exact name of registrant as specified in its charter)
Delaware 1-2257 13-1394750
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(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
26 Pearl Street, Norwalk, CT 06850-1647
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (203) 853-4321
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(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the Registrant under any of the
following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Item 5.02 Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers
Trans-Lux Corporation entered into an employment agreement on
February 16, 2010 with J.M. Allain as the Company's new President
and Chief Executiave Officer to succeed Michael R. Mulcahy who
retired December 31, 2009 and issued a press release dated February
18, 2010. A copy of the employment agreement is furnished as Exhibit
10.1 to this Current Report on Form 8-K and is incorporated herein by
reference. The Board granted Mr. Allain 50,000 shares of restricted
stock from treasury shares which vest 50% after one year and another
50% after two years, plus the opportunity to earn additional shares
as a bonus based on certain performance levels as an inducement to
enter into employment. A copy of the restricted stock agreement is
furnished as Exhibit 10.2 to this Current Report on Form 8-K and is
incorporated herein by reference. A copy of the press release is
furnished (not filed) as Exhibit 99.1 to this Current Report on
Form 8-K and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits.
10.1 Employment Agreement with J.M. Allain dated February 16,
2010, filed herewith.
10.2 Restricted Stock Agreement with J.M. Allain dated February
16, 2010, filed herewith.
99.1 Press release dated February 18, 2010.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized:
TRANS-LUX CORPORATION
by: /s/ Angela D. Toppi
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Angela D. Toppi
Executive Vice President
and Chief Financial Officer
by: /s/ Todd Dupee
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Todd Dupee
Vice President and Controller
Dated: February 18, 2010